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Today, we have normalized the abnormal, cost overruns on projects has become a norm. It is almost a 'criminal offence' to finish a project within the budget. How dare you? Projects are drowning in unbridled careless cost variations that is worse on the public sector. Nairobi is replete with stalled projects due to unabated cost variations. How do y…
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The society has somehow carefully conditioned us to believe that if you don't own a house then you are failure. Home ownership is somehow equated to arrival at the success summit. However, sometimes, renting instead of buying can be the most sensible financial decision. Listen in as we deliberate on this.…
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The housing levy has been one of the most debate public issue probably in the last century. The government's intention is to have a 1.5% housing levy on the salaried citizens and use this money to fund the affordable housing agenda. In this episode I interrogate the potential success of this agenda and Levy.…
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We've had a robust, healthy, debate as country on what is now the Finance Act 2023. Be it the housing levy or the taxation on the imported construction material or even the increased taxation on clinker importation, its been robust. But with now the bill passed into an act, I look at the expected impact of this Act to the construction sector.…
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My peremptory rule for any good property investment is that; any property you buy must earn you an annual rent that is 10% of its value or cost. In this episode, I explore how you can use this rule, rental yield and payback period calculations to determine a good property to invest in.By Nashon
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More often than not, most real estate developers jump into real estate development with half the information, in most cases with minimal market and financial information. However hard you may think of it, people enter real estate development with hearsay. The number of stalled, unsold or unrented properties has augmented in the past few years. In t…
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Building collapses have become synonymous with our construction and real estate industry - it is an unfortunate expected phenomenon. We are becoming numb to it. But why are building collapsing unabatedly? And why do we seem to have given up? This episode interrogates the deep contributors to building collapses.…
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